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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: Zeev Hed who wrote (808)	5/17/1997 3:38:00 PM
From: Tummus1	of 1480

Zeev Were you aware of this? Thursday February 13 10:53 AM EDT International Marketing Management Announces US$1,250,000 Financing VANCOUVER, Feb. 13 /PRNewswire/ -- International Marketing Management, Inc. (OTC Bulletin Board: IMMM) announced completion of a US$1,250,000 financing which will be used for working capital and to drill the Company's first farm in property which will further test the Company's EM Sounder identification and location process. The EM-Sounder Process, developed at a cost of over $75 million, not only determines the geophysical subsurface -- as does 3-D Seismic at a much lower degree of resolution -- but the EM-Sounder Process also provides the probability of hydrocarbon presence and the physical boundaries of the containing structure. The financing has been provided to the Company on a 12-month basis at 7% interest convertible to shares at $1.50 per share together with warrant entitlements at $1.50 and $2.50 per share. The warrant entitlements if fully exercised will provide a further US$3.3 million in working capital to the Company. SOURCE International Marketing Management, Inc.

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